The UK has enacted tough anti-money laundering (AML) legislation with severe penalties. Money laundering is when criminal proceeds enter into the formal economy via transactions designed to conceal their true origins.
It also has counter-terrorist financing (CTF) laws to stop rogue regimes and terrorist organisations moving money under cover of trade payments, investments and money for education.
Our UK AML & CTF Course will help your staff understand their obligations regarding prevention, due diligence and reporting suspicious activity.
Our Global AML & CTF Course provides additional training for global companies.
Versions are available as part of our Compliance Essentials and Global Compliance libraries.
This course will prepare your employees to:
- You decide: Money laundering or terrorist financing?
- The impact of money laundering
- Crossing the line
- Stage 1 of 3: Placement
- Stage 2 of 3: Layering
- Examples of layering
- Stage 3 of 3: Integration
- You decide: The money laundering process
- UK AML/CTF laws and regulations
- Risk assessments
- You decide: AML regulations and risk
- Offences and penalties
- Predicate offences
- You decide: Predicate offence or not?
- Best practice: CDD
- Red flags
- You decide: What level of risk?
- Reporting
- You decide: Report or not?
- You decide: Keeping records
- Tipping off
- You decide: PEPs and relatives
- People Easily Tempted (PETs)
Approximately 45-minute long e-learning course followed by a 10-question assessment.
Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.
SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.
All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.
Fully customisable on Skillcast Portal CMS.
Pre-translated versions not available, but all text content can be exported for translation into all languages.
Based on UK legislation, but suitable for global audiences upon the removal of UK-specific references and translation as necessary.